Chapter

(Re)Imagining the Governance of Globalization

Richard Falk

in International Society and its Critics

Published in print August 2004 | ISBN: 9780199265206
Published online January 2005 | e-ISBN: 9780191601866 | DOI: http://dx.doi.org/10.1093/0199265208.003.0012
(Re)Imagining the Governance of Globalization

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Part Three of the book turns to the question of international society and international relations after September 11, starting with a chapter by Richard Falk, who argues that international society remains a useful starting point for studying today's globalized world because it is predicated on the dual assertions of international anarchy and a (potentially) global normative order – a duality that provides a fertile breeding ground for different accounts of what the world should look like. The author discusses the changing geopolitical context of globalization and global governance, suggesting that if globalization is to be retained as a label for the current phase of international relations, its net must be cast far more broadly than it has been – since the events of 2001 it needs to be interpreted far less economistically, and more comprehensively. The last part of the chapter considers approaches to global governance, international society, and world society given this altered understanding of ‘globalization’. The author identifies five overlapping accounts of globalization that provide alternative and competing pictures of the future of global governance and international society: corporate globalization, which refers to the growth of transnational business and the forging of common interests and values based on neoliberal economics; civic globalization, which in many ways is a civil society response to the corporate variety and has manifested itself in a number of transnational anti‐globalization movements, but has now moved beyond straightforward opposition towards the articulation of new global political agendas; imperial globalization, which is a US‐led form of globalization that seeks not the creation of a genuinely multinational neoliberal global economy but rather the extension of American power and the satisfaction of US interests narrowly conceived; apocalyptic globalization, the variant promoted by Osama Bin Laden and his followers and aims to overthrow the society of states and replace it with an Islamic world state; and regional globalization, in which a number of regions around the world are developing their own subsystems as a way of moderating pressures created by the global flow of capital. The author argues that none of these forms of globalization is likely to predominate completely, but that the relationship between them is likely to shape the nature of global governance for the foreseeable future.

Keywords: American power; anti‐globalization movements; apocalyptic globalization; Osama Bin Laden; civic globalization; civil society; corporate globalization; global governance; global political agendas; globalization; imperial globalization; international relations; international society; neoliberalism; regional globalization; September 11; USA; US interests; world society

Chapter.  6594 words. 

Subjects: International Relations

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